Obama Lags In New 2012 Polls

President Barack Obama fails to best former Massachusetts Governor Mitt Romney in two new Presidential polls.

According to Rasmussen Reports, Romney leads narrowly by 43 percent to 42 percent and in a Public Policy Polling survey, Obama ties with Romney at 45 percent.

Dean Debnam, the President of Public Policy Polling, attributed the President’s poor numbers to the public’s ongoing doubts over the economy.

“There’s a very good chance Barack Obama would lose if he had to stand for reelection today,” Debnam said in a statement. “This is his worst poll standing in a long time and he really needs the economy to start turning around.”

Romney soundly leads the GOP field. Earlier this month, his campaign announced that he had raised $18.25 million in the second fundraising quarter, other candidates failed to top $5 million.

President Obama’s re-election campaign reported raising $86 million.

The Public Policy Polling survey was conducted between July 15^th through the 17^th among 928 registered voters. The Rasmussen Reports poll was among 1,000 registered voters between June 24^th and July 17^th.